GRIFFINS, LYME STREET, AXMINSTER, EX13 5AU - £215,000

GRIFFINS is a large detached house of 119m², built sometime between 1900 and 1929. It was last sold for £215,000 in December 2022, which was around 58% below the average December 2022 detached price in the East Devon local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

GRIFFINS Sold Prices

Land registry data shows five sales for GRIFFINS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the five GRIFFINS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 20 DEC	£215,000	£507,233	58% below HPI
2021 23 JUN	£190,000	£449,606	58% below HPI
2004 23 JUL	£138,500	£286,220	52% below HPI
1999 18 AUG	£72,500	£123,969	42% below HPI
1997 2 APR	£68,000	£98,839	31% below HPI

GRIFFINS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The five GRIFFINS sales between April 1997 and December 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2021 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the December 2022 sale, which was also at 58% below the HPI.

How Large is GRIFFINS?

GRIFFINS is 119m² according to the EPC inspection conducted in December 2020. This puts it in the largest 40% of detached houses in Axminster, based on EPC data. The below chart shows the distribution of detached houses by size in Axminster, and where GRIFFINS lies on this distribution: 67% of detached houses are smaller than GRIFFINS, and 31% of houses are larger. Note that EPC data is not available for all properties in Axminster.

GRIFFINS: Plot and Title Map

GRIFFINS sits on a plot of roughly 0.027 of an acre, or 110m². The below map shows the location of GRIFFINS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of GRIFFINS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is GRIFFINS?

GRIFFINS is located on LYME STREET in AXMINSTER, in the EX13 postcode district. The below map shows the position of GRIFFINS on LYME STREET.